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Fully Occupied Four-Unit Building
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23-25 Prospect Ave, Troy, NY 12180

Four-unit building with immediate cash flow near RPI.

Property SizeContact for details
Days on Market200

Property Features for 23-25 Prospect Ave

General Information

Standard status Active
Class C
Property subtype Multifamily

Building Details

Year Built 1940
Stories 2
Listing Agency: Berkshire Hathaway HomeServices Blake, REALTORS Albany
Listed By: Karen Zalewski-Wildzunas · License #NY 10401299136
Source: Crexi
Added: Feb 2 Changed: Aug 8 Last Checked: Aug 20 at 6:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Blake, REALTORS Albany

Investment Insights

Based on property information with market context.

The property at 23-25 Prospect Ave is a fully occupied, four-unit building that provides immediate cash flow. The well-maintained property features a new roof and updated essentials. The building has a strong rental history. It is located minutes from RPI, making it suitable for long-term tenants or student rentals. The property is located in a high-demand area. Additional properties at 319 Speigletown Rd, and 1105 Hutton Street Troy NY may also be available.

Key Highlights

  • Fully occupied four‑unit building providing immediate and reliable cash flow.
  • New roof and updated essentials minimize maintenance and maximize value.
  • Strong rental history ensures consistent income and tenant stability.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Tech Support Center Pharmacy Auto Parts Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

824
Businesses Nearby

Demographics for 12180, NY

55,907
Population
25,527
Households
2.2
Avg Household Size
33
Median Age
40%
College-Educated
90%
High-School Grad
56.2 sq mi
ZIP Area
995
Density / Sq Mi
$73,767
Median Household Income
$41,787
Median Earnings
$1,188
Median Rent
$233,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit building with immediate cash flow near RPI.
Where is this quadplex located?
The property is located at 23-25 Prospect Ave Troy, NY.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: Fully occupied four‑unit building providing immediate and reliable cash flow.; New roof and updated essentials minimize maintenance and maximize value.; Strong rental history ensures consistent income and tenant stability.
(518) 858-4719 Call to check price and availability
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